Importance of Extending Financial Support For Child Care
by Mashum Mollah Finance Published on: 15 March 2017 Last Updated on: 26 May 2021
Post-divorce family life and child care take a hit if not looked upon with intricate detailing and financial responsibility. Child care and support is a major aspect of divorces. A lot of the time divorces get messy and cruel when it comes to the division of monetary resources into the children’s future and growth. When the child no longer resides with the parent, the payment given to enable the holistic development of the child is termed as child support. If you are a non-earning spouse who just got separated, coughing up money for child support may be a source of stress, or if the other partner is not doing enough financially, how do you negotiate?
One of the first things you need to do is hire the best divorce lawyers to represent your case. Whether you are seeking a divorce in Texas, or in Washington, you need to ensure that you have the legal support of someone who knows what they are doing. Most individuals try to push for reduced child support as they know that it is going to be a new monthly expenditure for them. You need to fight aggressively to ensure that your child is not denied any basic amenities during his or her growing-up years.
A bit of background:
The law of the land demands that parents take care of their children financially, even if they have been separated. Child support has also been internationally recognized in the 1992 United Nations Convention on the Rights of the Child which was binding on every member of the United Nations. The ‘non-custodial parent has to offer child support to the ‘residential’ parent but in some cases the court mandates both parents to give child support.
The monetary value of the support changes from case to case depending on the needs of the child and the financial capacity of the parents. Child support has to be rendered legally until the child turns into an adult at 18 years or gets emancipated from the parents. Non-payment of child support brews up serious trouble like the seizure of property and revoking of driver’s license. Hence the amount to be paid and mode of payment to the other parent must be carefully talked through and agreed upon.
Child Support modifications are also done in situations when the financial status of the non-custodial parent takes a turn for the worse and he/she may not be able to afford the agreed-upon support payment. The child’s living conditions and lifestyle prior to the divorce are also looked into by the court. If the child was found to be in a fairly high standard of living, the non-custodial parent will have to pay in accordance to maintain the lifestyle. Enforcing and modifying support agreements require you to team up with the best lawyers who can gauge the financial stability and longevity of sustainable child support.
Financial support and assistance are very much essential for the child’s perspective future. Every parent should invest the required portion of the income for child care and development.
Contact an Austin Child Support Lawyer to take you through all the technicalities of the child support system in your state. They will help you calculate the proportion of your income, in addition, to the amount that should be allocated to child care. Since the future is unpredictable, everyone must be financially prepared to face the worst of situations.
Also, the apt mode of transfer or the support fund to the co-parent will be sketched out in detail. Don’t jeopardize your child’s future, allow the best to guide you!
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